New Delhi, Jan. 9 -- Multibagger stock Himadri Speciality Chemicals has been under pressure in the recent past, but experts believe the stock is ripe for a rebound due to the company's healthy growth prospects.

According to BSE data, Himadri Speciality Chemical's share price has surged as much as 832% over the last five years, and 393% over the last three years. However, over the last year, it has declined by about 18%.

Experts highlight that the company's plans to enter the lithium-ion battery materials and advanced chemicals business could be a major growth driver for it.

Himadri is India's largest producer of coal tar derivatives and speciality carbon black. Experts say its foray into the new areas will make it India's largest suppl...